JSE suffers R1-trillion rout on Trump tariffs and GNU fears
The all share index falls as much as 4.5% on GNU turmoil and Trump’s 30% tariff on SA goods
03 April 2025 - 14:47
UPDATED 03 April 2025 - 23:50
SA equities took a beating on Thursday as the prospect of the unravelling of the government of national unity (GNU) combined with escalating global trade tension wiped off nearly R1-trillion in value.
The all share index, the broadest measure of the SA stock market performance, plunged as much as 4.5%, the biggest one-day percentage drop since 2020 when investors scrambled for cash in Covid-19 pandemic. The index closed 3.39% lower while the blue-chip top 40 index ended the session off 3.3%...
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